Property profile

52924 Van Dyke Ave Shelby Township, MI 48316

OFF-MARKET
Retail properties & Spaces
1.52 ac lot Built 1973
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Property summary

AI-generated overview

This exceptional 1-story, single-tenant retail property, ideally situated in the heart of Shelby Township at the 24 & Van Dyke Shopping Center, presents a fantastic leasing opportunity. The building, constructed in 1973, sits on a sizable 1.52-acre lot and is zoned for commercial use. Its convenient location, south of 24 Mile Road and east of Van Dyke Avenue, ensures high visibility and accessibility for customers. The property features a single building, perfect for a variety of retail uses, currently configured as a barber shop. The property's parcel number is 230790036540. This is an excellent opportunity for a business seeking a well-established location with ample space and high traffic volume. The property's single-story design offers easy accessibility and efficient use of space. Its location within a shopping center further enhances its appeal to potential customers. The 1.52 acres provide ample parking and potential for future expansion or outdoor amenities. This property is ready for immediate occupancy and offers a unique chance to establish or expand a thriving business in a desirable Shelby Township location. All measurements are approximate; interested parties are encouraged to conduct their own due diligence.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1973
Lot 1.52 ac (66,211 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

52924 Van Dyke Ave Shelby Township, MI 48316
Shelby Township metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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